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Why in 2012 Temecula homeowners may rush to complete a Temecula Short Sale.
In just a short 12 months from now the protections offered to Temecula homeowners by
the “Mortgage Forgiveness Debt Relief Act of 2007” will expire. Congress passed this act to protect homeowners who have lost their homes. In summary this act protects you for up to $2 million dollars when a lender cancels or forgives debt in a short sale. The protection is in the form of protection from taxes.
You will not be responsible for paying taxes on the forgiven amount. This is the amount that your lender is required to put on the I.R.S form 1099c which you will receive after a short sale is completed.
This protection applies to your primary residence only. I have provided a link here for you that will take you directly to the bill as it appears at the I.R.S. web site.
This is why I believe in 2012 Temecula homeowners will rush to complete a Temecula Short Sale.
Harveston Lake homeowners need a Temecula Short Sale Specialist.
Many Harveston Lake homeowners purchased their homes at the very top of the Real Estate Market. Late 2004 to
early 2005 Harveston was the new hot spot in Temecula to buy a home or purchase an investment. Fast forward to today
and those great investment homes have lost almost 50% of their value.
Thats were I come in.If you live in the Harveston Lake development and have tried to modify you loan and been denied or if
you were given a modification and it is failing you. Call me,let me show you a solution to foreclosure called a short sale.
I have helped many Harveston homeowners get out of a bad mortgage with NO deficiency and get a fresh start. If your thinking
about a short sale or if your lender has told you a short sale is an option for you,call me for the details. There is no costs to you if you decide to go forward with a short sale and I can in many cases get your lender to pay you $3,000 to $20,000 to cooperate with a short sale.
The window is open now for you to get a fresh start via a short sale.So make the call or email me. I have a proven tract record of over 16 years experience helping Temecula families with the short sale. I am a Temecula Short Sale Specialist.
You may only have one shot to get this done correctly.
Sidney Kutchuk – Broker at Realty Works Temecula – 951-217-6745 – Expert@aShortSale.com
Temecula Short Sale Specialist – Call >> 951-217-6745
If you have a short sale question and want a direct answer call me.
This number is my direct line and I will answer all calls.
If your call goes to my voice mail I will return you call.
This is a free service I offer homeowners who need a direct answers on the topic
of short sales.